Pennsylvania Act 1901-91 — VALIDATING MORTGAGES

Act text

VALIDATING MORTGAGES
                   Act of May 2, 1901, P.L. 126, No. 91               Cl. 69
                                  AN ACT

     To validate mortgages, conveyances, and other instruments which
        have been defectively acknowledged.

        Section 1.  Be it enacted, &c., That no grant, bargain and
     sale, feoffment, deed of conveyance, release, assignment, or
     other assurance of lands, tenements or hereditaments,
     whatsoever, or mortgages thereof, heretofore executed and
     delivered by husband and wife to bona fide purchasers or
     mortgagees for a valuable consideration, and acknowledged by
     them before an officer duly authorized by law to take such
     acknowledgment, shall be deemed, held or adjudged invalid or
     defective, or insufficient in law, by reason of any informality
     in the acknowledgment made before such officer, as aforesaid;
     but all and every such grant, bargain and sale, feoffment, deed
     of conveyance, release, assignment, or other assurance or
     mortgage, so made, executed and acknowledged, as aforesaid,
     shall be as good, valid and effectual in law for transferring,
     passing, conveying and mortgaging the estate, right, title and
     interest of such husband and wife in and to the lands, tenements
     and hereditaments mentioned in the same, as if all the
     requisites and particulars of such acknowledgement mentioned in
     the act, entitled "An act for the better confirmation of the
     estate of persons holding or claiming under a feme covert, and
     for establishing a mode by which husband and wife may hereafter
     convey their estates," approved the twenty-fourth day of
     February, one thousand seven hundred and seventy, had been fully
     complied with, and particularly set forth in the certificate
     thereof, and the record of the same duly made in the proper
     office for recording of deeds in this Commonwealth; and
     exemplifications of the same, duly certified, shall be legal
     evidence in all cases in which the original would be competent
     evidence: Provided, That this act shall not apply to suits now
     pending and undetermined.